Text Callout : Key Takeaways - Which Credit Score Do Mortgage Lenders Use ... over the other models currently in use. When will lenders make the switch to FICO Score 10T? The Federal Housing ...

Brokers can also help steer mortgage applications to lenders who exclusively use VantageScore. VantageScore is a consumer credit rating score created in 2006 as an alternative to the FICO score.

A good credit score is generally 690 to 719 on the 350-850 scale commonly used for FICO scores and VantageScores. Many, or all, of the products featured on this page are from our advertising ...

The higher your credit score, the better chance you have to obtain credit and to receive favorable borrowing terms. Do ... lenders use this scoring model when evaluating applicants, according to FICO.